Russian Grain Markets: 13–17 May 2024 Crop Outlook As of mid-May, Russia farmers planted 24.8 Mha of spring crops which is 44.5 percent of the forecast. This is 4.6 Mha ahead of last year’s planting pace. Grains and pulses were planted over 12.98 Mha which is 43.2 percent of the forecast and 3.9 Mha behind last year’s indicator at this time. Wheat planting is 2.2 Mha behind showing 12.98 Mha which is 43.2 percent of the forecast. Corn planting is going quite well, exceeding last year’s indicators currently at 1.8 Mha which is 66 percent of the forecast. Rice planting is at 149,900 ha which is almost 80 percent of the forecast. Buckwheat planting just started showing 17,300 ha which is 1.5 percent of the forecast. B...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
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Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.